WORCESTER, Mass., April 2, 2013 (GLOBE NEWSWIRE) -- World Energy Solutions, Inc. (Nasdaq:XWES) today announced that its Board of Directors, based on the recommendation of the Audit Committee and in consultation with management and the Company's independent registered public accounting firm, Marcum LLP, has concluded it will restate its previously issued audited financial statements for the year ended December 31, 2011 included in the Company's Annual Report on Form 10-K, and its unaudited financial statements for the quarterly periods ended March 31, 2012, June 30, 2012, and September 30, 2012 included in the Company's Quarterly Reports on Form 10-Q and the unaudited pro forma disclosures included in its Form 8-K/A filed on December 17, 2012 (the "Relevant Periods"). Accordingly, investors should no longer rely upon the Company's previously released financial statements for the Relevant Periods and other financial data released related to the Relevant Periods.
World Energy Solutions To Restate Prior Financial Results
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